For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,015,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25239716
Sold Date 11/17/25
Bedrooms 3
Lot Size 7,786 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Conventional
Property Type Res Income 2-4 Units
Property Description
We are pleased to present a rare opportunity to acquire an eight-unit apartment community located on a private cul-de-sac in La Mirada. The property features a desirable unit mix of four one-bedroom and four two-bedroom apartments, appealing to a wide range of renters. The asset is currently operating at a cap rate of approximately 5.5% on in-place numbers, offering strong day-one cash flow with meaningful upside potential through interior upgrades and rent increases. Situated less than one mile from Biola University, the property benefits from steady rental demand supported by a consistent student population as well as proximity to major employers, schools, and regional amenities. The location combines a strong rental market with the quiet privacy of a cul-de-sac settingdriving both tenant retention and long-term stability. This is an ideal opportunity for investors seeking a well-located, low-density multifamily asset with immediate income, prove demand drivers, and value-add potential.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Driving East on Imperial Hwy, Turn Right Onto La Mirada Blvd., Turn Right Onto Gagely Dr., Property Will be On Your Left
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 8041024002
Acceptable Financing Conventional
Listing Terms Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Chris Keramati Triqor Group
Get More Information

Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
- Homes for Sale in San Diego
- Homes for Sale in Alpine
- Home for Sale in Bay Park
- Homes for Sale in Bonita
- Homes for Sale in Cardiff by the Sea
- Homes for Sale in Chula Vista
- Homes for Sale in Coronado
- Condos for Sale in Coronado Shores
- Condos for Sale in Downtown
- Homes for Sale in El Cajon
- Homes for Sale in Encinitas
- Homes for Sale in Escondido
- Homes for Sale in Fallbrook
- Homes for Sale in Hillcrest
- Homes for Sale in Imperial Beach
- Homes for Sale in La Jolla
- Homes for Sale in Lakeside
- Homes for Sale in Lemon Grove
- Condos for Sale in Little Italy
- Homes for Sale in Mission Beach
- Homes for Sale in Mission Hills
- Homes for Sale in Ocean Beach
- Homes for Sale in Oceanside
- Homes for Sale in Olivenhain
- Homes for Sale in Pacific Beach (PB)
- Homes for Sale in Point Loma
- Homes for Sale in Rolando
- Homes for Sale in San Carlos
- Homes for Sale in San Marcos
- Homes for Sale in Santee
- Homes for Sale in Spring Valley
- Homes for Sale in Tierrasanta
- Homes for Sale in Vista
- Home for Sale in Waterpoint, Point Loma
- Pinnacle Marina Tower



